News

MacKenzie to Represent 72 Loveton Circle

November 29, 2017

MacKenzie Commercial Real Estate Services, LLC is proud to announce they have been awarded the listing assignment for 72 Loveton Circle, in Sparks, Maryland, a Class A office building totaling 52,700 feet. The MacKenzie team of Bill Whitty, Matt Mueller, Meghan Roy, and Henson Ford will be representing the owner, Loveton/York Limited Partnership, in leasing or selling the asset.

“Having worked with MacKenzie in many capacities over the past decade on Caves Valley Partners projects, I am confident in their ability to return this timeless building to being 100% leased, which it has been for over 20 years, or to position it as a premier purchase opportunity in the market,” stated Arsh Mirmiran, the family representative for Loveton/York Limited Partnership and a partner at Baltimore-based real estate development firm Caves Valley Partners.

Situated in a prominent location on York Road at the entrance to the Loveton Business Center, 72 Loveton offers exceptional visibility and provides tenants and visitors easy access to abundant nearby amenities including retail, professional services, banking, lodging, dining and more. The building is easily accessible to I-83 via Shawan Road or Belfast Road, making it a convenient location for companies that draw employees from both Maryland and Pennsylvania. Planned renovations include cosmetic updates to the building’s two-story atrium lobby and its common areas. The building also has a recently replaced roof, HVAC systems, and beautiful, mature landscaping.

“We are honored to have been chosen to represent this long-successful office building,” stated Matt Mueller. “The Sparks submarket continues to prove strong, attracting new tenants looking for quality office product within an amenity-rich environment. We look forward to working with Loveton/York Limited Partnership on this assignment.”